1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Extracted Post (per poster's request) 0 replies
Trading 24 hours per day, 5 days per week 14 replies
DislikedWooli, welcome back, On a larger time frame I would'nt use the same Demand zone on eur/usd. The only time I would trade any Demand/Supply zones mutiple times would be on my 15 min High Probability Trades, and when I say multiple times I mean 2, maybe 3, that's it.... Always seek fresh new zones in other major pairs according to Sam Seidens Rules.
Thanks Baz for plugging in Seidens Info, this will help new Traders, I know you have been around a while and I thank you for your contribution....Ignored
DislikedHi Leelar, Welcome to my Thread. To answer your question, yes, there is a proper way to draw Demand/Supply Zones. Certain things must happen that will or will not constitute a Demand Zone or Supply Zone.
[color=blue]The best way to learn all about this is go to the source. Check out post #59 that BAZ so kindlly offered. Watch all the videos on this site. Sam Seiden is one of the best traders that I know and if you can learn what he shares on these videos than you will be trading like an Institutional...Ignored
DislikedHi Rocky,
I like to continue with my question posted earlier.
You have a limit order at certain point and cancelled it when missed by 9 pips. That led me to think your S/D levels are very sensitive and have to be very accurate. Otherwise, if the zone is an loose area, missing 9 pips shouldn't be a big deal.
But looking at your S/D zones, can't seem to have a pattern the way you drew it.
It would be great that if you can share the way you draw your S/D zones.
CheersIgnored
DislikedLeelar, Give me a min and I'll try and walk you through a trade step by step. Not that easy sometimes when kids are screaming in the other room.Ignored
DislikedUnderstood, thanks for your time, doesn't have to be now or today. I just need to understand it. Grabbing all your charts right now. Keep up the good work.Ignored
DislikedLeelar,
I have been watching Seiden's videos on supply and demand zones for the past week. Watching his videos makes sense to me as I'm watching them, but then when I try to draw my own s/d zones it gets very confusing. I start to second guess myself. It seems that you are having the same issue. Is that correct?Ignored